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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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Trade oil on industry-leading prices

Implement your oil trading strategy across futures, options, ETFs and CFDs with Saxo.

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Market-leading prices

Trade with tight spreads and low commissions across all our oil-trading products, with the choice available to suit your strategy.

Trading flexibility

Our range of instruments enables you to go long or short, trade on leverage, hedge, or take a long-term view on oil.

Daily insights

Saxo Group’s commodity analysts provide expert news, analysis and commentary on oil prices and market-moving factors.

Award-winning platforms

Fast and reliable access to the markets from your phone, tablet, laptop or multi-screen desktop setup.

Industry-leading oil prices

We offer three levels of pricing depending on your initial funding and trading volume.
This table shows the pricing available on oil traded with a range of different products.

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ClassicPlatinumVIP
  CFDs – US Crude (WTI)0.05 pts0.05 pts0.03 pts
  Futures – Brent (CLH9)4.00 USD2.00 USD1.00 USD
  Listed Options – LO.xcme3.00 USD2.00 USD0.85 USD
  ETFs – SPDR S&P Oil & Gas (XOP)0.02 USD/share (min. USD 10)0.015 USD/share (min. USD 7)0.01 USD/share (min. USD 3)
  US Stocks – Shell0.02 USD/share (min. USD 10)0.015 USD/share (min. USD 7)0.01 USD/share (min. USD 3)
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Six ways to trade oil with Saxo

Futures
Futures

Express a view on oil price movements, with direct market access to deep liquidity pools for exchange traded futures contracts.

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Options

Hedge your portfolio, make a limited-risk directional trade or take advantage of volatility, with a range of crude oil futures options available.

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Commodity CFDs

Trade oil with leverage as a contract for difference and go long or short, with full exposure to the underlying asset.

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Single stock CFDs

Go long or short and track the performance of oil-producing companies, using a leverage ratio that suits your risk appetite.

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ETFs and ETCs

Track the performance of oil and oil-related companies with a range of exchange traded products, including inverse ETFs that give double or triple short exposure.

Stocks icon
Stocks

Buy shares in refinery firms to potentially profit on a company’s performance, get full voting rights and receive dividend payments on a per share basis.

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AP
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Award-winning trading platforms

The No. 1 for active traders1
The award-winning, multi-device SaxoTraderGO partners seamlessly with SaxoTraderPRO, our professional-grade platform for advanced traders.

Powerful tools and features
Benefit from live charts with 50+ technical indicators, as well as streaming newsfeeds and innovative risk-management tools.

Multi-asset access
Use the same platform and account to trade all our oil products, as well as access our full range of 35,000+ instruments across all classes.

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1ADVFN International Financial Awards 2018: Best Platform for Active Traders.

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Start trading oil with Saxo

Register

Choose an account tier and submit your application

Fund

Add funds quickly and securely via debit card or bank transfer

Trade

Access our full range of products for trading oil

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Trade Responsibly
All trading carries risk. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more
Additional Key Information Documents are available in our trading platform.

Saxo is a registered Trading Name of Saxo Capital Markets UK Ltd (‘Saxo’). Saxo is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871. Registered in England & Wales.

This website, including the information and materials contained in it, are not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, Belgium or any other jurisdiction where such distribution, publication, availability or use would be contrary to applicable law or regulation.

It is important that you understand that with investments, your capital is at risk. Past performance is not a guide to future performance. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Saxo assumes no liability for any loss sustained from trading in accordance with a recommendation.

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